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CSPAN
Dec 27, 2012 10:00am EST
year's to be signed into law. today is the 27. and so you have a few days left for lawmakers to make a deal. the president's should land at some point. there is a 5 hour time difference. they have to figure out something. it seems likely will go over the cliff. it has been looking like that before the holiday, but certainly now, particularly if you remember for congress broke for the christmas break, speaker raynor was not able to get the backup plan through his caucus, so there was no pressure on democrats to try to counter that immediately. senate democrats saying we passed a bill that raises tax rates on incomes over $250,000, we ran on this and this is what we are offering. house republicans were saying, no, we want to negotiate something, figure it out and send it to us. someone is going to have to move. the question is, who? the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automati
CSPAN
Dec 27, 2012 1:00pm EST
they want to bill, the infrastructure, the programs they make into law. guest: i think james hits on the virtue of a flat tax, having a low, single rate, getting rid of all the loopholes in the tax code and having the government learn to live within its means. that would take some time, but it is eminently doable with positive reforms on the entitlement for younger people. you do not have to change the benefit formulas for those on medicare or social security or who are about to go on those systems. as younger people know, those systems are headed for a crash. the sooner we reform them in a positive way, the better. the key to do it is not by raising taxes, but by having a low single rate and they learn to live within it. i think you'll have a much more prosperous country for it. host: let's end where we started. what do you think the best solution in your personal view and your business view is to the fiscal cliff situation? guest: aside from not doing something foolish and the next three or four days -- that is why i do not mind kicking the can down the road -- would be to follo
CSPAN
Dec 24, 2012 5:00pm EST
george w. bush signed into law. his wife, former first lady laura bush, is with us today, as is her predecessor, secretary of state hillary clinton. coming together in mutual respect, a step from the chambers where we passionately debate the issues of the day that has become almost second nature to us. but it is a blessing, and we will hear over and over during the course of this ceremony, aung san suu kyi has shown the world just how hard one it really is. on behalf of the congress, let me express how humble and honored we are by your presence here in the rotunda of the united states capitol. >> ladies and gentlemen, please stand for the presentation of the callers by the united states armed forces color guard, the singing of our national anthem, and the retiring of the colors. ♪ ♪ ♪ oh say can you see by the dawn's early light, what so proudly we hail at the twilight's last gleaming, whose broad stripes and bright stars, through the perilous fight, o'er the ramparts we watched were so gallantly streaming, and the rockets' red glare, the bombs bursting in air, i gave proof t
Search Results 0 to 2 of about 3